Selling Swing: creating a larger puts 550 545 pCS by exiti
Posted: Fri Jan 24, 2014 11:56 am
Selling Swing: creating a larger puts 550 545 pCS by exiting the 550 puts long at 1.40-.37 now since we have now the 545 puts from .32 area . What this dose is put risk on what was a gar anted profit credit spread where we could erase those profits if we fell to 545
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!